Just finished The Odyssey and Zeus really just doesn’t give a fuck about anything.
“Do what you want”
And sometimes zaps stuff with lightning to procrastinate.
I mean the Industrial Revolution etc. was much slower moving and now everyone is being told they are losing their white collar jobs in a matter of a few years. Replaced by that same near record 40% concentration in the stock market.
🚨The GAP between the stock market and consumer sentiment has NEVER been this LARGE:
The University of Michigan Consumer Sentiment Index sits at its lowest level EVER, while the S&P 500 is at its all-time high.
By comparison, during the 1970s Great Inflation and the 2008 Financial Crisis, both stocks and consumer sentiment declined together.
This comes as the financial system is benefiting asset owners more than ever, while the average American faces persistent inflation, stagnant real wages, elevated housing costs, and a weakening job market.
The gap between Wall Street and Main Street has never been wider.
This is INSANE.
NVDA another monster quarter. $80bil buyback and raises dividend from $0.01 to $0.25
It’s already priced pretty high at the moment. Let’s see how it settles.
@AuclairsDad If they’ve still got ammo after this past decade (monster bull run) they have likely been underinvested this whole time and post the bear thesis because they’re angry.
Chasing AI is going to be the downfall of so many tech companies.
Think about how many search engines there were and then all of a sudden there was Google.